Monarch Volume Factor Dividend Tree Index ETF (BATS:MVFD) Announces Quarterly Dividend of $0.08

Monarch Volume Factor Dividend Tree Index ETF (BATS:MVFD) declared a quarterly dividend on Wednesday, September 23rd. Investors of record on Thursday, September 24th will be paid a dividend of 0.0847 per share on Tuesday, September 29th. This represents a c) annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, September 24th.

Monarch Volume Factor Dividend Tree Index ETF Trading Up 0.6%

BATS:MVFD traded up $0.18 during mid-day trading on Thursday, hitting $30.70. 2,339 shares of the company’s stock traded hands, compared to its average volume of 11,571. The company has a fifty day moving average of $31.19 and a 200 day moving average of $30.37. Monarch Volume Factor Dividend Tree Index ETF has a twelve month low of $26.00 and a twelve month high of $32.06.

Hedge Funds Weigh In On Monarch Volume Factor Dividend Tree Index ETF

A hedge fund recently raised its stake in Monarch Volume Factor Dividend Tree Index ETF stock. Kingsview Wealth Management LLC lifted its stake in Monarch Volume Factor Dividend Tree Index ETF (BATS:MVFD) by 4.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,897,902 shares of the company’s stock after purchasing an additional 136,287 shares during the quarter. Monarch Volume Factor Dividend Tree Index ETF comprises about 1.2% of Kingsview Wealth Management LLC’s portfolio, making the stock its 14th largest holding. Kingsview Wealth Management LLC owned about 95.33% of Monarch Volume Factor Dividend Tree Index ETF worth $81,699,000 as of its most recent filing with the Securities & Exchange Commission.

About Monarch Volume Factor Dividend Tree Index ETF

The Monarch Volume Factor Dividend Tree Index ETF (MVFD) is an exchange-traded fund that is based on the Monarch Volume Factor Dividend Tree index. The fund tracks an equal-weighted index comprised of US equities that are exhibiting positive cash flow and dividend-paying capabilities. The fund can toggle to short-term US Treasury securities when cash flow trend is negative. MVFD was launched on Mar 6, 2024 and is issued by Monarch.